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END SEMESTER EXAMINATION (ESE), 2020

Semester: 6th (Common)

INDUSTRIAL MANAGEMENT AND ENTREPRENEUERSHIP

Subject Code: Hu-601

Syllabus: New Syllabus

Full Marks: 56

Time: 2 (Two) Hours 30 minutes

The figures in the margin indicate full marks for the questions. 1. A. Fill in the blanks: 3x1=3

i. An entrepreneur is called the .

ii. Small scale industries are intensive. iii. While selling stresses on the needs of marketing stresses of .

B. Select the correct answer: 3x1=3

i. Communication/Controlling/Division of labour/Staffing is a major principle of management.

ii. DICC/PMEGP/SIDBI/MSME-DI grants industrial loan to the entrepreneurs. iii. The liability of a member of the company is limited/unlimited/zero/guaranteed. C. Write True or False: 3x1=3

i. All the risks can be insured.

ii. A high LTO is always discouraged.

iii. The channel of distribution begins with producers. D. Give the full form of: 1x1=1

SWOT

2. Answer any five questions from the following: 5x3=15 a. Define management. Mention any five functions of management. b. How a decision is taken?

c. Explain the importance of communication.

d. Define manpower planning.

e. Distinguish between time rate system and piece rate system of wage payment. f. Mention the causes of labour turnover.

2

g. Write the objectives of industrial legislation. h. Write a note on Break-even Analysis.

3. Answer any four questions from the following: 4x4=16 a. How would you describe the objectives of production management? b. Discuss the functions of marketing.

c. What are the sources of finance to start a small scale industry? d. Who is an entrepreneur? What qualities are needed to be a good entrepreneur? e. Write the various elements of costs for pricing a product. f. Write a note on e-commerce.

4. Answer any three from the following: 3x5=15

a. Discuss the main health provisions under the Factories Act-1948. b. What are the procedures to be followed to start a small scale industry? c. Distinguish the merits and demerits of Joint Stock Company. d. Define micro and small scale industry and name the institutions which support to set up small scale industry.

e. Write the various functions of an entrepreneur.

END

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